Stellar (XLM) Surpassing XRP? Price Surge Analysis and Future Prospects

2025-03-07

The cryptocurrency market is experiencing a resurgence, and Stellar (XLM) has emerged as one of the standout assets. Over the past 24 hours, XLM has seen a significant price surge, outperforming XRP.

This article will thoroughly analyze the factors driving XLM's price increase, its comparison with XRP, and its future prospects.

What Are Stellar (XLM) and XRP?

Stellar (XLM) Surpassing XRP? Price Surge Analysis and Future Prospects

Before diving into the comparison, let’s first understand what Stellar (XLM) and XRP are:

Stellar (XLM)

A blockchain platform designed to facilitate fast and low-cost cross-border money transfers.
Focuses on financial inclusion, especially in developing countries.
Uses XLM tokens as a medium of exchange.

XRP

A digital payment network designed for banks and financial institutions.
Aims to accelerate and reduce the costs of cross-border transactions.
Uses XRP tokens as a bridge between fiat currencies.

Stellar (XLM) Price Surge and Driving Factors

On Wednesday morning’s trading session, XLM reached a peak of $0.308, marking an increase of over 9% in the last 24 hours. At the time of writing, XLM is trading around $0.30, up 7.43% over the past 24 hours. Several factors contributing to this surge include:

Overall Crypto Market Recovery: XLM’s price increase aligns with the broader positive trend in the crypto market, where Bitcoin has also seen significant recovery.
Technical Momentum: XLM rebounded from its low of $0.252 on February 28 and has been on a consecutive upward trend.
Positive Technical Analysis: Crypto analysts, such as Ali, predict a potential 300% bull rally for XLM if the symmetrical triangle pattern is confirmed.

Comparison Between Stellar (XLM) and XRP

Stellar (XLM) and XRP often move in tandem, but in recent days, a divergence in performance has been evident. XLM has outperformed XRP in percentage gains. While XRP experienced a significant surge following the announcement of strategic crypto reserves, XLM demonstrated resilience and maintained its momentum.

Technical Analysis and Future Prospects of XLM

Currently, XLM is trading between the 50-day and 200-day moving averages, which are at $0.363 and $0.258, respectively.

A breakout above the 50-day moving average could indicate a strong bullish trend, with the next price targets set at $0.51 and $0.63.
The support level remains at the 200-day moving average, positioned at $0.258.
According to various sources, the Stellar network (XLM) holds an advantage in transaction speed and low fees, making it attractive for cross-border payments.

Is Stellar (XLM) Surpassing XRP?

As of this article’s writing, XLM has recorded a 7.43% increase in the last 24 hours, reaching $0.30. This surge has allowed XLM to surpass XRP, which has also risen but at a lower percentage of 6.43%. XLM's growth aligns with the broader recovery in the crypto market. The market has managed to regain most of Tuesday’s losses, with Bitcoin reclaiming the critical psychological level of $90,000.

Historically, Stellar and XRP have shown strong price correlation. However, recent days have indicated a potential shift in performance dynamics, where one asset outperforms the other.

Conclusion

The price surge of Stellar (XLM) reflects the positive sentiment in the crypto market and XLM’s potential for future growth. With strong technical analysis and solid fundamentals, XLM has the potential to continue its upward trajectory. However, investors should remain cautious of cryptocurrency market volatility and conduct thorough research before making investment decisions.